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david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is reported, so they have a little bit more about lead, they are growing a little bit, which is good news in terms of the cash on hand. how much is that cash burn and will eventually begin to catch up with her. the subscriber base was up about 2 million. i want to go back to tim if i can. when you look at research in motion and their attempts to claw back from the whole they were sinking into, did you think that you have any chance of doing it? >> you hit it on the head. it is really a question of can you get the next product out, can you get new, you know, if a product transition and get
david: they are all printing more cash in order to pump up the economy. if you believe that leads to bubbles like allen greenspan did, then this bubble is the bubble for all of these. >> is actually a bit better on revenue of 2.9 billion, they were expecting a loss of 46 cents per share. that cash on 2.3 billion, the launch of the blackberry can come 2013. >> i misspoke. the losses were not as bad as we expected. >> 2.3 billion in losses. david: okay. 2.2 billion is what is...
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Sep 27, 2012
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we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let me be very clear. in nebraska and all across america, i just chaired the national governor's association this past year. americans do not want the federal government to bail out states that have failed, that have failed to adopt a balanced budget, that they continue to raise taxes. that's not what we want as americans. we want states to control their spending, create more jobs. so i certainly don't think the federal government ought to bail out a state like illinois or california if they can't do it themselves. >> governor, it's been
we could grow the economy. that's what governor romney is going to try to do and i think eventually that will be reflected in the polls. >> when i look at my own state, our governor quinn has let a few slips, call them freudian slips almost hinting that should illinois get in big trouble, probably the federal government will find a way to help. this is nothing that i want to hear even talked about indirectly. do you think this will be an issue at some point? >> it could be. and let...
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Sep 27, 2012
09/12
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we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the europe, the slowdown of china and the perma low growth, the united states. some income producers, growth names and stocks with solid dividend boosts and, of course, some gold. these have been the correct calls to make. i've stuck with this market because i believe europeans are not suicidal. so far so good on that front. at least of late. i believe chinese economy will simply come back by virtue of the fact there's a tremendous urban migration within china. i believe the federal reserve's stance, brought about you by ben bernanke, will serve as a bridge over fiscal cliff a
we still are one more unthinkable, a slowing chinese economy. the great growth engine -- the great engine of growth that has supported global commerce for years. >> all aboard! >> including the darkest days of the dark recession. what's happened? stock market never quit, never stopped climbing. it's had a remarkable run with every sector leading the charge at one time or another. before i get into the big remonstrations for the evening. i have gotten the big picture right. the...
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Sep 27, 2012
09/12
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the secutiesnd exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight capital
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Sep 27, 2012
09/12
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too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this message. >> he cracked it himself. carrie underwood was at a concert in louisville. there was kid in the audience, holding a sign that said will you be my first kiss? she pulled him on stage. here's what happened. >> 12 years old. >> you got a jump on me. i was 14 when i had my very first kiss. just so you know my husband is somewhere in this building, might be looking for you later. >> how are we going do this? >> lip to lip. >> this is the smartest kid ever! >> close your eyes. >> jimmy: he went for lips. let's show this that video. my research and development te
too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this...
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Sep 27, 2012
09/12
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looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain about the biggest headwind facing the usa today. liz: can you imagine voting for this interview. wait until you listen come back here what he had to say. not just how we get rid of tax abductions, but all of them except two. but also which industries are mature enough that we should rip the rug out from underneath them and stop giving him all kinds of tax breaks. speaking very candidly with me. i first asked about different kinds of government strategies where government works best with this, here' here is what senator mccain had to say. >> you're picking winners and losers, and obvious in the case o
looking at discover financial and they're coming out with their numbers, basically the economy is improving. fewer borrowers are defaulting on their loans, on the debt. seeing more transactions, confidence has been improving for americans so they have been using their cards a little more. and paying it off. that is the environment we are in. nolast but not least, may deal with paypal, so that will add to their future transactions. for today a great day. ashley: ashley:.i. talking to john mccain...
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Sep 27, 2012
09/12
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the economy's collapsed. it's harder for them to do business and about half their oil imports have been curtailed, but the issue is will this actually cause the leadership to come to a negotiating table, say, after our presidential election? >> dan, it's mike murphy. just two quick questions. if you take the fear premium out of oil, where would you see -- how low would the price of oil go, number one? number two, if you get some sort of action in the middle east, if israel attacks iran, how high do you see the price of oil going? >> well, i think on the first one, you know, the fear premium is probably 10, $15 a barrel, something like that. you also get this bubble that today the news is better from europe so the price is up $2 on top of that as well. >> right. >> the chinese probably won't put a stimulus in until they're really starting their transition. in terms of what happens to the price of oil, that's the big question, of course, and the price would go up if anything happened. you'd see the strategic pe
the economy's collapsed. it's harder for them to do business and about half their oil imports have been curtailed, but the issue is will this actually cause the leadership to come to a negotiating table, say, after our presidential election? >> dan, it's mike murphy. just two quick questions. if you take the fear premium out of oil, where would you see -- how low would the price of oil go, number one? number two, if you get some sort of action in the middle east, if israel attacks iran,...
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Sep 27, 2012
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and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, this is no longer a fiscal cliff but a fiscal retaining wall. when you see that -- we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that was a drag. china, there's a big hate on china right now. china is big halt. no. big mall cat no cattle. the worst downturn in two months is more representative of what's happening because there is no unity between the rich and poor nations. don't they show that there's no real hope for fis rcal reform i that war torn country. today's action, it's phony. me and many portfolio managers buy stocks and move them to the end of the quarter to get a little gain there. the conclusion, if this were monday coming up, a new month, a new quarter, you would have seen this entire markup window dressing period, the deal, and we were right back into that downturn that
and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, this is no longer a fiscal cliff but a fiscal retaining wall. when you see that -- we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that was a drag. china, there's a big hate on china right now. china is big halt. no. big mall...
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Sep 27, 2012
09/12
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bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital investment and that is simply not happening. the money lent to our government is dead money and is not out investing in productive assets. stuart: are we going to recession? >> it would be hard to argue not. i was having this discussion last night, isn't it odd we see a couple diametrically opposed views of economically growth in washington right now? ben bernanke trying to create the wealth effect. everybody feels more wealthy because the asset prices are going up, that helps the economy come around. by the same token if you look to the democratic side of things, if you look at the other
bigger than the economy, but how does that shrink the economy or limited growth rate? >> here's how you expand gdp. you expand gdp by an increase of population and an increase in productivity, so all those assets being used to lend money to the government, those are assets that could be invested to expand collectivity. if you don't increase productivity by raising taxes, you don't increase productivity by changing the schedule and things like that can increase productivity by capital...
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Sep 27, 2012
09/12
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economy overall. it's 158 to 1100 the rate of what we see in the innovative sectors like in health care. so the question that we started with is what is the problem? why don't we see this great creative benjamin so many other sectors apply to the k-12 and education? what is getting in the way? what we tried to do this first diagnosed with is getting in the way. and we can see what can we do about it and the proposal essentially is an institutional lawyer that we hope can create a marketplace or the creative marketplace that succeeds where today it seems to be stagnant. we have k-12 schools, 14,000 of them. we of the innovative and entrepreneurs but there is a goal that seems to be separating them. what's going on in the middle. i think when we go to the root of it we see this as underlining a lot of other symptoms. but really the problem is people don't really know what works. even some people might know it works but they know personally have trouble convincing anybody else and they end up in this deb
economy overall. it's 158 to 1100 the rate of what we see in the innovative sectors like in health care. so the question that we started with is what is the problem? why don't we see this great creative benjamin so many other sectors apply to the k-12 and education? what is getting in the way? what we tried to do this first diagnosed with is getting in the way. and we can see what can we do about it and the proposal essentially is an institutional lawyer that we hope can create a marketplace or...
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i don't want really happening to the global economy with my next concert no holds barred look at the global financial headlines. is a report. coming up this hour on our t.v. he's the man who knows how to stir up a controversy and today we can we expect julian assange sent the cyber world buzzing yet again this time by addressing the u.n. general assembly via video a wrap up of his speech coming up. and that's not the only thing that has the internet world talking it looks like the cyber paranoia might just be justified after all america's financial institutions are facing d.d. o. s. attacks allegedly coming from iran so could this be the makings of a war that's far through the wires. good evening it's wednesday september twenty sixth eight pm in washington d.c. i'm christine and you're watching our t.v. well moments ago wiki leaks co-founder julian assange just spoke to the u.n. general assembly via video link at the event strengthening human rights many of you watching we carried it live right here on our t.v. and a songe really covered a wide range of topics but most told him this
i don't want really happening to the global economy with my next concert no holds barred look at the global financial headlines. is a report. coming up this hour on our t.v. he's the man who knows how to stir up a controversy and today we can we expect julian assange sent the cyber world buzzing yet again this time by addressing the u.n. general assembly via video a wrap up of his speech coming up. and that's not the only thing that has the internet world talking it looks like the cyber...
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Sep 27, 2012
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the economy. as to the specific measures that they undertake, old habits die hard and respecting the independence of the federal reserve, you're not going to get me to make a comment, evaluating those measures one way or the other, but i think that the judgment that monetary policy should be oriented to domestic economic strength is the right basic approach for monetary policy to take. >> does it surprise you to see the euro at $1.28 to $1.30, because that surprises me. >> i've long ago given up being surprised by currency values. the only forecast you can make is the famous jpmorgan forecast that they will fluctuate. >> i know that you are going to be looking at tax reform and the idea of whether or not we can cut marginal rates because this has been so discussed in this election cycle. mitt romney has laid out a plan to bring down marginal rates and try and get rid of a lot of the deductions. does that work in your opinion? >> look, i think we always want marginal rates as low as we can have the
the economy. as to the specific measures that they undertake, old habits die hard and respecting the independence of the federal reserve, you're not going to get me to make a comment, evaluating those measures one way or the other, but i think that the judgment that monetary policy should be oriented to domestic economic strength is the right basic approach for monetary policy to take. >> does it surprise you to see the euro at $1.28 to $1.30, because that surprises me. >> i've long...
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Sep 27, 2012
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and while congress stalls, the economy appears to be stalling. economic data showing a slowdown. and forget december 31st. is the fiscal cliff impact already here? the president slamming trickle-down economics. but isn't that exactly what the fed is doing? why the so-called fed effect stinks for the little guy. plus, guess who's not paying their fair share in taxes. the federal government. a story you will not want to
and while congress stalls, the economy appears to be stalling. economic data showing a slowdown. and forget december 31st. is the fiscal cliff impact already here? the president slamming trickle-down economics. but isn't that exactly what the fed is doing? why the so-called fed effect stinks for the little guy. plus, guess who's not paying their fair share in taxes. the federal government. a story you will not want to
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Sep 27, 2012
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it looked at the economy and the number of pro teams. seattle came in number two, followed by washington, d.c., boston and portland. >>> gay rights activists are planning to protest next week's installation of san francisco's new archbishop. he will be installed during a mass at st. mary's cathedral next thursday. the examiner reports that a group of gay rights act visits are planning to protest and they say it will not just -- activists are planning to protest and they say they are upset about the same-sex marriage ban. his spokesman says he respects their position and police will be onhand. >>> sal, you are watching the bridges. but i know you are looking at the toll plaza. >> yeah. it's really been very busy. very slow trying to get across into san francisco if you are trying to get there in your car, you will be waiting quite a bit. a lot of people start here and they travel through the area, 24 and 680 to get to 80. it's very slow here in bay point. 680 is slow as well. we were talking go the -- we were talking about the toll plaza.
it looked at the economy and the number of pro teams. seattle came in number two, followed by washington, d.c., boston and portland. >>> gay rights activists are planning to protest next week's installation of san francisco's new archbishop. he will be installed during a mass at st. mary's cathedral next thursday. the examiner reports that a group of gay rights act visits are planning to protest and they say it will not just -- activists are planning to protest and they say they are...
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Sep 27, 2012
09/12
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we have a strong country and economy. which we continue to be 14, 15, 16 we don't struggle for a long time. that's unacceptable to all of us. i'll stop there and take any questions you might have. thank you so much for having me. [applause] [applause] yeah. >> dianne, clinical psychology. i would like you to flush out a little more how you're going bring in a generation of teachers with more respect and higher status in the system. >> we're working on this. and it's a conversation we are we're trying to help facility. we think teachers should be leading this. we have held literals of town hall meetings with teachers around the country thousands of teachers lead by the teacher ambassador fellow i think the entire pipeline is broken. it's not an easy fix. we don't have the right talent pool coming. 100% of the teachers come from the top third or ten% of the college graduates. we're all the way at the other end. how we train teachers is inadequate right now. 62% of young teachers tell ugh they are unprepared to enter the cla
we have a strong country and economy. which we continue to be 14, 15, 16 we don't struggle for a long time. that's unacceptable to all of us. i'll stop there and take any questions you might have. thank you so much for having me. [applause] [applause] yeah. >> dianne, clinical psychology. i would like you to flush out a little more how you're going bring in a generation of teachers with more respect and higher status in the system. >> we're working on this. and it's a conversation...
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Sep 27, 2012
09/12
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i know what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families. >> don't forget, i got everybody in my state insured, 100% of the kids in our state have health insurance, i don't think there's anything that shows more empathy and care about the people of this country than that kind of record. >> reporter: still, president obama is furiously working to frame his opponent as out of touch. again, keying in on romney's comments seemingly dismissing 47% of americans who pay no income tax. >> i don't believe we are going to get very far if we've got leaders who write off half the nation as a bunch of victims who don't take responsibili
i know what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families....